Chapter 3.12 EASTLAND URBAN RENEWAL TAX INCREMENT DISTRICT
Section 3.12.050 Payment of funds after loans and indebtedness paid.
At such time as the loans, monies advanced, bonds and interest thereon and indebtedness of the City
of
Sioux City hereinabove in Section 3.12.030 referred to have been paid, all monies thereafter received
from
taxes upon the taxable property in the Eastland Urban Renewal Project Area shall be paid into the funds
for
the respective taxing districts in the same manner as taxes on all other property. (Ord. 89/T-7999)